Examveda

The different forms of IMF assistance are given below.
Identify the one which is mainly meant for Less Developed Countries (LDCs).

A. Credit Tranche Drawing

B. Extended Fund Facility

C. Compensatory Financing Facility

D. Structural Adjustment Facility

Answer: Option C


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Consider the following statements. Which of these statements is/are true?

A. Socialism is compatible with democracy and liberty, whereas Communism involves creating an 'equal society' through an authoritarian state

B. Totalitarianism is a form of government which involves complete submission of people to the government. The State recognizes no limits to its authority and strives to control every aspect of public and private life wherever feasible

C. India differed from core socialism as it went for a mixed economy rather than complete government control

D. All of the above statements are true